Bitcoin
BTC$27 059.30

-0.24%

Ethereum
ETH$1 889.14

0.54%

Tether
USDT$1.000210

0.08%

Binance Coin
BNB$306.59

0.14%

USD Coin
USDC$0.999910

0.04%

XRP
XRP$0.518210

2.34%

Altcoin outpaces Bitcoin in growth


27 Oct 2022

#Dogecoin

Bitcoin has added another 3.3% in the past 24 hours to $20.8K, bringing the gain over the past seven days to 9%. Ethereum is growing at a higher rate, reaching $1570 (+5.8% in 24 hours and 21% in 7 days). Over the last day, major altcoins added between 1.5% (DOT) and 21% (DOGE). According to CoinMarketCap estimates, total cryptocurrency capitalisation surpassed the $1 trillion mark, up 3.3% on the day.

Dogecoin was again buying from Twitter's acquisition by Elon Musk, who had previously said he might add the coin to pay for the social network's services. However, the latest rise looks more like a 'buy rumour' pattern, and it can't be ruled out that the pump will soon turn into a dump.

Bitcoin has added another 3.3% in the past 24 hours to $20.8K

News background

Bloomberg exchange strategist Mike McGlone is confident that the Ethereum network's successful transition to the Proof-of-Stake consensus algorithm has laid the foundation for steady growth in the second-capitalised cryptocurrency. The first US bitcoin futures ETF from ProShares lost a record $1.2bn in investor funds the year after launch. This was the worst debut result in the history of the exchange-traded fund industry. Despite this, several investors retain faith in BTC - the ProShares Bitcoin-ETF has seen net inflows of $87 million in the past six months.

Over the last day, major altcoins added between 1.5% (DOT) and 21% (DOGE)

According to the Wall Street Journal, the capitalisation of Andreessen Horowitz, the largest crypto venture capital fund, fell by 40% in the year's first half. The UK Parliament voted to amend the Financial Services and Markets Bill to mandate the regulation of cryptocurrencies as financial instruments.


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Top Cryptocurrencies with Price Predictions

# Crypto Prediction Accuracy CVIX Price 24h 7d Market Cap 7d price change
1 Bitcoin (BTC) BTC Bitcoin predictions 86.8% 12 $27 059.30 -0.24% 0.92% $524 708 563 048 BTC 7 days price change
2 Ethereum (ETH) ETH Ethereum predictions 90.8% 5 $1 889.14 0.54% 3.28% $227 155 817 130 ETH 7 days price change
3 Tether (USDT) USDT Tether predictions 94.4% 1 $1.000210 0.08% -0.01% $83 267 213 407 USDT 7 days price change
4 Binance Coin (BNB) BNB Binance Coin predictions 90.4% 3 $306.59 0.14% -0.15% $47 783 784 553 BNB 7 days price change
5 USD Coin (USDC) USDC USD Coin predictions 93.2% 1 $0.999910 0.04% -0.01% $28 938 047 584 USDC 7 days price change
6 XRP (XRP) XRP XRP predictions 76.4% 40 $0.518210 2.34% 11.76% $26 938 323 151 XRP 7 days price change
7 Cardano (ADA) ADA Cardano predictions 90.8% 7 $0.375427 2.52% 4.29% $13 097 419 830 ADA 7 days price change
8 Lido stETH (STETH) STETH Lido stETH predictions 94% 1 $2 941.39 -0.40% -3.32% $10 258 752 564 STETH 7 days price change
9 Dogecoin (DOGE) DOGE Dogecoin predictions 85.6% 14 $0.072129 0.37% 1.78% $10 069 367 781 DOGE 7 days price change
10 Solana (SOL) SOL Solana predictions 83.2% 27 $21.10 1.50% 8.52% $8 365 347 570 SOL 7 days price change
11 Polygon (MATIC) MATIC Polygon predictions 79.6% 31 $0.900533 0.44% -0.92% $8 356 468 238 MATIC 7 days price change
12 Wrapped TRON (WTRX) WTRX Wrapped TRON predictions 80.4% 36 $0.076172 1.42% -0.10% $7 744 821 085 WTRX 7 days price change
13 TRON (TRX) TRX TRON predictions 80.4% 35 $0.076432 1.62% 0.13% $6 894 553 498 TRX 7 days price change
14 Litecoin (LTC) LTC Litecoin predictions 79.2% 38 $94.25 -1.22% 7.53% $6 885 437 083 LTC 7 days price change
15 Polkadot (DOT) DOT Polkadot predictions 88.4% 8 $5.23 -0.30% -0.31% $6 229 138 974 DOT 7 days price change

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